Purchase price: $150,000 Cash invested: $100,000 Recently completed a purchase and renovation of a multi-family house in Cleveland Heights, Ohio (BRRRR Method).

Most of the time I've been taught are that lenders are just people who are willing to get paid as long as you meet their criteria, nothing elseThank you for the feedback everyone, I will try and communicate better the next time I post 

If you make certain your buyer is pre approved, the documents line up, and you keep good communication, the selling side has never proven to be difficult to me.With that said I agree with @Rick Santasiere in regards to scaling up.

It will no doubt make you more focused, more hungry and more methodical when dealing with real estate in the future.  

The BRRRR method could potentially allow for quicker expansion by leveraging equity to buy more properties.

My preparer reached out to the ONE guy more familiar with commercial knowledge at another local office, and the following method isn't quite what Mr.

Communication with tenants can be done through Google Voice or WhatsApp, and Proper Insurance covers both property and liability.Good luck!

Do you have any thoughts on using land comps as a way to value purchase price of mobile homes vs other methods like direct cap etc?

Let the attorney handle all communication, you take notes and keep copies of all the paperwork, and maybe next time you will be ready to try it on your own.

Scenario:A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.Mistake:Miscommunication led to issues that could have been addressed early on, contributing to project delays and difficulties in loan repayment.Lesson Learned:Maintain open and regular communication with borrowers.